Trump’s new round of tariffs to hit U.S. consumer

WASHINGTON — Now American consumers are in the cross-hairs.

Americanscould soon find themselves paying more for goods they might not have known were imported from China. (One retailer who imports hats from China to make “MAGA”-embroidered caps said the cost might double if he has to buy from U.S. manufacturers, according to CBS News.)

It’s a potential consequence of a new round of tariffs the Trump administration is proposing to slap on Chinese imports as soon as September.

And it marks a new phase in the U.S. trade war with China. Before now, the administration had deliberately avoided imposing tariffs on consumer goods in order to spare U.S. shoppers from direct economic…

Keep on reading: Trump’s new round of tariffs to hit U.S. consumer
Source: Inq

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *